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Nifty nears 10,100-mark as North Korea, Irma concerns ease

Press Trust of India  |  Mumbai 

Benchmark continued its uptrend to reach near record highs today, tracking positive leads from global peers as worries about Korean peninsula and hurricane Irma eased.

Overseas, most European markets were trading higher after stocks in and the US hit record highs on positive global cues.

The 50-share rallied 87 points or 0.87 per cent to close at 10,093.05, which is 44 points away from its record high of 10,137 hit on August 2.

It saw an intra-day movement of about 69.50 points.

On the sectoral front, Pharma rose 2.18 per cent, followed by Realty 2.04 per cent, FMCG 1.42 per cent, PSU 1.30 per cent, Media 1.16 per cent and Auto 1.16 per cent.

Gainers included 4.22 per cent, Gail 3.75 per cent, 3.45 per cent, Sun Pharma 3.41 per cent and DVR 3.37 per cent.

However, fell 2.76 per cent, 1.01 per cent, Hero Motoco 0.65 per cent, Indiabulls Housing 0.50 per cent and 0.46 per cent.

The market breadth, indicating the overall health of the market, turned positive. A total of 1,010 scrips advanced, 688 declined, while 76 remained unchanged.

As many as 146 securities hit their price bands.

Turnover in the cash segment rose to Rs 28,295.49 crore from Rs 25,803.57 crore yesterday.

A total of 14,358.60 lakh shares changed hands in 9,893,955 trades. The market capitalisation of listed firms on the stood at Rs 13,427,166 crore.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, September 12 2017. 18:28 IST